The Archive · 1925

AMERICAN PROPOSAL TO GRANT DEMA¥DS

Later.

The American Delegation at this morning's tariff committed meeting Propored that the Powers should authorize the levying of a surtax of two-and-a-half per cent. on all goods. }us from February 1, 1026, and that a schedule for luxuries should be prepared on which a tax of five per cent. would be effective not later than July 1, 1926, provision to be made for levying the full amount of these surtaxes at land frontiers; also that a new treaty should be made, which would provide that, three' months after the treaty has been concluded, the Chinese should, until tariff autonomy becomes effective, be at liberty to impose a new uniformly enforced schedule of duties and rates from five per cent. to 124 per cent. on imports and five, to seven and a half on exports.

Text read from the printed page and cleaned; old type leaves the occasional error.

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